Nikitas wrote:The indications are that there will be elections shortly after the approval of the 3rd loan agreement.

What gives them the right to do that?

There was a referendum and I can't see how 300 odd votes can absolve the Parliament from the will of the people.

I foresee Varoufakis making his own party very soon.

I agree with that sentiment. Tsipras has lost all credibility and if Varoufakis gets into the driving seat after an election victory, especially if is even bigger than Syriza;s last one, he will rattle a few teeth ...... that is if he doesn't fall ill and die in mysterious circumstances!

Yeh I wouldn't put that past the Eurothugs either.

For 5 years they have been talking about Greek corruption, but that was coming from the most corrupt of all EZ, IMF and ECB.

tsukoui wrote:I agree Varoufakis would make an excellent leader, alla what actually made Tsipras cave? I heard a Syriza founder and economics professor say that neither they nor the country was prepared for the bankers plans... what were they exactly and how can they prepare?

No matter how much they prepare, it would have been terrible. There is no question that Greece will be hit hard and the people will suffer.

The only way to prepare is to at least start printing the Drachma in preparation for its rollout.

24 hours before hand, get the Greek Central Bank to announce the rate at 1 euro = 1 Drachma (or whatever) and see what happens. One step at a time.

Tsipras did everything he could but he simply couldn't achieve what he wanted. The end result is a net loss for Greece from this whole story... although there might be a few positive aspects. Tsibras didn't manage to win because (a) the markets didn't react as negatively as he had hoped when he brought Greece as close to a Grexit as possible and (b) he underestimated how important it was for the Germans and several others not to let a leftist win. Tsipras simply didn't have a "plan b"... and nobody can have a plan b which can have a better outcome.

Faced with certain death, Tsipras had no option but to toe the line.I don't know much about Greek politics but I know this much. When you are in front of a firing squad your options are limited. Time will tell. Tsipras in my opinion will survive and Greece will recover, within the EZ.

Sotos wrote:Tsipras did everything he could but he simply couldn't achieve what he wanted. The end result is a net loss for Greece from this whole story... although there might be a few positive aspects. Tsibras didn't manage to win because (a) the markets didn't react as negatively as he had hoped when he brought Greece as close to a Grexit as possible and (b) he underestimated how important it was for the Germans and several others not to let a leftist win. Tsipras simply didn't have a "plan b"... and nobody can have a plan b which can have a better outcome.

That's not what Varoufakis said. He said there was a plan B and that Tsipras is being a little conservative with the truth.

I believe Varoufakis was steering Greece towards Grexit, and as an economist of some substantial repute, I am inclined to believe his message.

I foresee him becoming the biggest political force in Greece. I also believe his love for Greece is uncompromising. He is an Australian citizen and his daughter lives in Sydney. He could abandon Greece if he wanted to for a better life but he remains there trying to do his bit for Greece.

miltiades wrote:Faced with certain death, Tsipras had no option but to toe the line.I don't know much about Greek politics but I know this much. When you are in front of a firing squad your options are limited. Time will tell. Tsipras in my opinion will survive and Greece will recover, within the EZ.

Tsipras job is to toe the line with the will of the people and he betrayed their voice, probably illegally too. The constitution is the law of the land.

As such, his mandate is over and Syriza is finished.

At this point, I am willing to support a Greek Military Intervention and will support Martial Law and Greek Tanks forcing their way through the doors of Parliament House!

Μεγάλη προδοσία!

Since the Government has just ignored the Greek people, we might as well have a Junta mark 2. I have more faith in the Evzones which stand guard in front of the sacred Tomb of the Unknown Soldier. Bless them!